Markets Dive After Economic Activity Report

  • Playlist
  • Download
  • Embed
    Embed <iframe src="" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

The major stock indices were all down Tuesday on a report from the Institute for Supply Management that showed a stunning drop in economic activity in the service sector.

The number was low enough that many analysts reacted as if it were proof that the economy is already in recession.

The ISM number has its problems, however, and isn't always a reliable indicator.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.